The Basics Of Chapter 7 Bankruptcy Law

28 November 2022
 Categories: , Blog

If you cannot clear your debts and are frustrated by your creditors' harassment, you can file for chapter 7 bankruptcy. This form of bankruptcy clears your debt by liquidating your non-exempt assets. The court will appoint a trustee to assume ownership of your assets, liquidate them, and pay your creditors. Here is an overview of the rules of Chapter 7 bankruptcy law.  Credit Counselling Before you file for bankruptcy, you need to undergo credit counseling. Read More …

Is Chapter 7 Bankruptcy Right For You? How An Attorney Can Help You Decide

19 April 2022
 Categories: , Blog

Chapter 7 bankruptcy can often seem like the perfect option for people who are facing a lot of debt that they simply do not have the resources to pay. However, the fact is that filing for Chapter 7 bankruptcy will not be the best option for all debtors. In fact, in some cases, choosing to seek bankruptcy relief can actually do more harm than good. That is why it is important to consult with a bankruptcy attorney before moving forward with your intent to file for bankruptcy. Read More …

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 Bankruptcy Attorneys Can Help You Regain Freedom

When you have a large amount of debt and no way to pay it, you can start to feel like your freedom has been ripped away from you. With every debt collector that calls and every bill that comes in the mail, you feel more and more uneasy. Thankfully, there is a way forward. You can call a bankruptcy attorney and find out if declaring bankruptcy is an option. This will depend on your income, total debt, and what type of debt you have. Here on this website, you can learn more about the work of bankruptcy attorneys and how to proceed.